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Daily news updates provided by Joongang Daily
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May 16, 2013
- What use are economists?
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When the stakes are high, it is no surprise that battling political opponents use whatever support they can garner from economists and other researchers. That is what happened when conservative American politicians and European Union officials latched on to the work of two Harvard professors - C...
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May 16, 2013
- We’ve seen this script before
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A weird movie filmed in a fuzzy and confused way has been playing for a week now. Its star is former journalist and presidential spokesman Yoon Chang-jung. The audience finds it so gripping that it has forgotten what kinds of hanbok President Park Geun-hye wore in her first official trip to the ...
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May 16, 2013
- Two new drivers in Assembly
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New floor leaders for the ruling Saenuri Party and main opposition Democratic Party were elected yesterday. Floor leaders play a crucial role in orchestrating the operations of the National Assembly as the prime representatives of their political parties. Given their immense role in the legislat...
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May 16, 2013
- Shame on Prime Minister Abe
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Japan’s far-right politicians have lost their minds. Outspoken nationalist Prime Minister Shinzo Abe and Osaka Mayor Toru Hashimoto have unabashedly brought up the ghosts of Japan’s wartime past and irked neighbors that still bear bitter memories of its military aggression. Their misbehavior ...
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May 15, 2013
- No one to blame but yourself
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You can’t judge a book by its cover. We see so many people who seem proper and nice but are troubled inside. It is not easy to see through a person. You cannot acquire such insight through practice. After all, you need discerning eyes to judge a person. An ordinary person can only notice ordin...
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May 15, 2013
- Creativity and destruction
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A government must be as simple, clear and detailed as possible in setting its policy goals. Otherwise, it can create confusion in execution of its policies and undermine the predictability of them. In this respect, the concept of “creative economy,” which the Park Geun-hye administration has ...
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May 15, 2013
- Get Kaesong back on track
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President Park Geun-hye has ordered the Ministry of Unification to propose a meeting with North Korean authorities to retrieve a large amount of finished products and parts supplies left behind in the Kaesong Industrial Complex. In a cabinet meeting yesterday, the president underscored a need fo...
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May 15, 2013
- More nasty netizens
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The scandal over Yoon Chang-jung, the sacked Blue House spokesman who brought disgrace to himself and the nation with alleged sexual misconduct during President Park Geun-hye’s first official visit to Washington, has shocked the nation. Yoon’s audacious and shameful misconduct has severely da...
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May 13, 2013
- Presidential libraries or shrines?
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“I was so envious,” said former Blue House secretary Kim Hyo-jae upon returning from the George W. Bush Memorial Library last month. He attended the opening of the library with former President Lee Myung-bak. He added that Laura Bush, the former first lady who used to work as a librarian, supe...
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May 13, 2013
- Civilizing the city
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BANGALORE, India - Half of humanity - 3.5 billion people - live in urban areas today. Our metropolises are the engines of growth for a global economy emerging from the shadow of financial crisis. In Bangalore, my home, investment is pouring into a city at the forefront of the Indian economy’s t...
